TASMANIAN timber giant Gunns Ltd has tried to dismiss the Wilderness Society's move for an extraordinary general meeting, saying the requisition notices are invalid. However, Wilderness Society corporate campaigner Leanne Minshull said yesterday Gunns had not given the actual reason that the requisition was deemed to be invalid. The society would follow up the issue this week. In a letter to shareholders, executive chairman John Gay said directors were not legally required to convene a meeting. In February, the society collected signatures from 100 shareholders and sought an extraordinary general meeting to discuss old-growth logging and financial information on the firm's woodchipping activities. "It is the view of the directors that the annual general meeting presents a fair opportunity for all shareholders to raise issues of concern," Mr Gay wrote. "In the absence of a legal requirement the directors believe voluntarily convening an EGM to discuss the issues raised would be an inappropriate use of the company's resources." He said the directors had decided the requisition was not valid under the Corporations Act 2001. Ms Minshull said the society had taken advice from a Melbourne barrister. "We will be getting them to identify why they have rejected the requisition," she said. Mr Gay was not available for comment yesterday. The letter said the shareholders sponsoring the requisition represented less that 0.1 per cent of the company's issued shares.